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Nairaland Forum / Nairaland / General / Politics / There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E (13959 Views)
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Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 10:07pm On Jul 19, 2019 |
Buckubuck: I am not working for anybody. I watched the house of rep probe back then where so many revelations were made before obj used his influence to scuttle the process. Obj's administration had a due process ministry but those fictitious companies with no physical addresses were paid in full with 30% work done. The question is who are the real owners of those companies who got contracts running into billions of dollars without the approval of the senate? |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 10:38pm On Jul 19, 2019 |
Xda59: You're just willfully blind and arrogant in ignorance. Who was the minster of your phantom ministry of due process? Check the link you posted again and mention the companies that were paid in full. Even with the facts starring at you, your warped mind is so steeped in devilish bias you can't process the facts |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by myobjective: 11:13pm On Jul 19, 2019 |
Nasir123: Electricity is not just ordinary, this is what most of you fail to understand. Electricity involves generation, transmission and distribution whic requires heavy investment. For us to have uninterrupted electricity in Nigeria, we need to completely privatize the power sector, for us to attract the type of investment required we need to review our tariff which is one of the lowest in the world. |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by myobjective: 11:20pm On Jul 19, 2019 |
Buckubuck: Don't mind him. We have too many educated illiterate in this country, people that don't have a clue forming to be an expert. Electricity is a serious business, you need heavy investment that can only come from private investment but the problem is that the sector is not attractive because of our practice of low tariff, poverty, vandalism etc. With a centralized power system where everything goes to the power grid, you will region like the north that can't pay for electricity. How do they want private film to invest billions into such a industry? |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by grandstar(m): 7:55pm On Dec 08, 2019 |
OBJ left over $20b in the excess crude account and at the same time wasted $16billion on the energy sector? How is that compatible. It should be obvious without being told that the humongous sum paddled around cannot be true. As a scammer once said, "People believe what they want to believe''. King Solomon was so true when he said the words of a slanderer are sweet and are swallowed down easily. 4 Likes 3 Shares |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 7:31am On Dec 09, 2019 |
Xda59: $16 billion ko, $16 billion ni. Check the probe findings. What you watched was findings not result. Check the conclusion of the probe. |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 7:33am On Dec 09, 2019 |
DJInfluence: That's a big lie. They spend heavily. |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by godliman: 9:21am On Dec 09, 2019 |
thesicilian:Which truth? A lie repeatedly told becomes truth to some simple minded ppl. 16 bn dollars is not beans. Forget Apc, they are a bunch of foul mouthed lairs. Btw where is the 200 billion dollars recovered loot they promised to bring from Dubai? Who remembered that cock and bull story used to fool some foolish nigerians? 1 Like |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:04pm On Dec 09, 2019 |
mvem: Yea, but 1 billion $ in 2000 is still close to 1 billion $ in 2015. |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:12pm On Dec 09, 2019 |
godliman: Truer words have never been said, ur a gem |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by jude79(m): 12:14pm On Dec 09, 2019 |
Timfreds: Correct sensible statement from a wise man. 1 Like |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by holycup(m): 1:00pm On Dec 09, 2019 |
Many of our leaders past/present deserve to be in prison now for things to go well for our dear nation btw orji uzo |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 1:42pm On Dec 09, 2019 |
soulpeppersoup: What is there to check when obj used his influence to scuttle the process. |
Re: There Was Never A Time Nigeria Spent $16bn On Our Power Sector During Obasanjo E by Nobody: 5:49pm On Dec 09, 2019 |
Xda59: Your inability to read is your problem; your failure to comprehend after reading is your problem. The $16 billion is the supposed budget that wasn't ultimately released. Go online and look for the probe again, this time read it and don't stop at the sensational headline. 1 Like |
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